TechnologySeptember 2, 2026
India Prepares AI-Powered Payments on UPI
India is preparing a Unified Agent Protocol that could let authorised AI agents make small UPI payments under customer-defined rules, Reuters reported. Proposed safeguards include spending limits, identity checks, audit trails and a liability framework. UPI processed 24.51 billion transactions worth ₹29.82 trillion in August, demonstrating enormous national scale already.
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Deployment through UPI could position India among the first countries to operate agentic payments through national-scale public payment infrastructure.
Sources expect the protocol to be presented at Mumbai’s Global Fintech Fest. NPCI has not yet publicly confirmed the reported launch details.
UPI becomes the world’s largest fast-payment network by volume
August: 24.51 billion transactions
September 1: framework reported
possible unveiling next.
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1. reuters.comView Original
